The computed 12-month bankruptcy probability of Ascend Performance Materials is 1.6% (moderate). The 2023 annual accounts show equity of €5.3m and a net result of €1.2m. Equity is growing by about 23% per year across the filed financial years. The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
Auditor: KPMG Réviseurs d'Entreprises BV/SRL2025 accounts 44 days early
Signalsraises riskFigures for financial year 2023 (filed 14-03-2025)Liquidity: current ratio 1.85, cash €683,427, halvedlowers riskFounded in 2009Profit of €1.2m (financial year 2023)neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency71+8
equity 46.0% of total assets
Liquidity31-4
short-term debt 52.6% · cash 5.9%
Profitability73-10
return on assets 10.3%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
1.6%Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.2% (746 companies, NACE 46, medium-sized)
Last 24 months11-2024: 0.9%12-2024: 1.2%▲ +0.3 percentage points vs 11-202401-2025: 2.4%▲ +1.2 percentage points vs 12-202402-2025: 2.2%▼ -0.2 percentage points vs 01-202503-2025: 2.2%● unchanged vs 02-202504-2025: 0.6%▼ -1.6 percentage points vs 03-202505-2025: 0.6%● unchanged vs 04-2025lowest value06-2025: 0.6%● unchanged vs 05-202507-2025: 0.7%▲ +0.1 percentage points vs 06-202508-2025: 1.0%▲ +0.3 percentage points vs 07-202509-2025: 1.2%▲ +0.2 percentage points vs 08-202510-2025: 1.8%▲ +0.6 percentage points vs 09-202511-2025: 1.8%● unchanged vs 10-202512-2025: 2.3%▲ +0.5 percentage points vs 11-202501-2026: 3.8%▲ +1.5 percentage points vs 12-2025highest value02-2026: 3.8%● unchanged vs 01-2026highest value03-2026: 3.8%● unchanged vs 02-2026highest value04-2026: 3.0%▼ -0.8 percentage points vs 03-202605-2026: 3.0%● unchanged vs 04-202606-2026: 3.0%● unchanged vs 05-202607-2026: 1.6%▼ -1.4 percentage points vs 06-202608-2026: 1.6%● unchanged vs 07-202609-2026: 1.6%● unchanged vs 08-202610-2026: 1.6%● unchanged vs 09-2026
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 67 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 December (4 of the last 5 filed years within 175 days of that day).